(1) The license issued for the operation of the transport service has to be renewed within three months
from the date of expiration of the period mentioned in Sub-section (4) of Section 93.
(2) The owner or manager of a motor vehicle or a person assigned by them shall have to make an application, in the prescribed format,  accompanied by the prescribed fees, to the Department for the renewal of
license pursuant to Sub-section (1).
(3) If an application is made for renewal pursuant to Sub-section (2), the Department shall renew such license for another five years.
(4) If an application if made for the renewal of license after the expiration of the period as referred to in Sub-section (1), such a license shall be renewed within one month of the expiration of that period, upon payment
of one hundred percent additional fees, in addition to the renewal fees, by the owner or manager of the motor vehicle.